Countries are making progress in implementing the Code of Conduct for Responsible Fisheries, which is now 15 years old, but still extremely relevant. However, additional efforts are needed, declared participants at the close of the 29th session of the FAO Committee on Fisheries.
Bank of England's Monetary Policy Committee (MPC) has kept UK interest rates on hold at 0.5%, and unveiled no new quantitative easing (QE) measures.
The weight of Japan's public debt, the highest in the world, is unsustainable in the medium and long term warned this week Naoyuki Shinohara, Deputy Executive Director of the International Monetary Fund.
The world appears to be on the threshold of another green revolution in rice production as a result of an intensive, 12-year partnership between the Chinese Academy of Agricultural Sciences in Beijing and the International Rice Research Institute in the Philippines.
An embassy cable published this week by WikiLeaks revealed a 2009 email in which then-U.S ambassador to Chile, Paul Simons, predicted that former President Eduardo Frei Montalva’s controversial 1982 death would never be fully understood. “The tragic recent history of Chile continues to divide its people, and the death of this emblematic President seems destined to remain a mystery.”
Two of world's leading exchanges, Deutsche Boerse and NYSE Euronext, are in advanced talks about a merger. The deal would create the world's biggest stock exchange firm by revenue and profits and would be jointly based in New York and Frankfurt.
The London Stock Exchange is to buy Canada's TMX to claw back lost market share and create the world's fourth-largest bourse trading 4.1 trillion US dollars of stock a year.
The Global Cities Survey, published by Savills PLC, reported last week that Hong Kong residential property is now the most expensive in the world. Based on the property price index contained in the survey, residential property in Hong Kong is 55% more expensive than property in London.
In Wael Ghonim, Egypt's anti-Mubarak street movement finally found a hero to rally around after a period of leaderless protest. The Egyptian-born Google marketing executive first played a role in organising the opposition through Facebook, only to disappear into police custody for 12 days.
The Royal Navy aircraft carrier HMS Invincible which had a leading role in the recovery of the Falkland Islands in 1982 has been sold to a Turkish scrap-yard which specialises in recycling ships.